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Author Topic: why the state does not print a lot of money?  (Read 2167 times)
Hairatuner
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September 12, 2018, 09:23:08 AM
 #661

I don't think it will be good for a country to print a lot of money, because then, their real currency it will be worth nothing. I heard that there are some African countries tried this thing and they suffer the consequences. I think a lot of billions of their currency worth few dollars, It's weird.
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Satoshi is no god. He did not come down from the mountain with 10 golden rules engraved in stone for no one to question.
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ngalamunan
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September 12, 2018, 09:26:17 AM
 #662

I don't think it will be good for a country to print a lot of money, because then, their real currency it will be worth nothing. I heard that there are some African countries tried this thing and they suffer the consequences. I think a lot of billions of their currency worth few dollars, It's weird.
The excessive amount of money will cause inflation. That is an increase in goods prices and a reduction in the value of money. Therefore, the government prints money according to needs. Not too much and not too little, to avoid inflation.

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Bumblecoin
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September 12, 2018, 09:32:34 AM
 #663

why the state does not print a lot of money? than debt to other countries. is not it easier to make money than debt and ultimately burdens the state?

whether if printing money will have an impact on the money itself? or will it impact the value of the money in the eyes of the world?
Increase in the number of money leads to the decrease  of its value. As a result, inflation happens. An increase of the prices of goods and other prime commodities. So what will happen to us?
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September 12, 2018, 09:36:38 AM
 #664

Aside we all getting sources of money to fund ourselves, the state of money is being looked down upon since every little thing you do will fetch you money. In this case, the government has taken it upon himself to mitigate the rate with which money is pumped into the system.
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September 12, 2018, 09:39:54 AM
 #665

The government can print money, so why don't they print more? Of course, this will reduce poverty and stimulate the economy? Print more money don't make that country more prosperous, it just makes the value of that currency will go down and that will cause more problems than solve it.
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